Great Western Bancorp Inc (GWB) : Jacobs Asset Management reduced its stake in Great Western Bancorp Inc by 16.92% during the most recent quarter end. The investment management company now holds a total of 620,987 shares of Great Western Bancorp Inc which is valued at $23,957,678 after selling 126,500 shares in Great Western Bancorp Inc , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Great Western Bancorp Inc makes up approximately 5.53% of Jacobs Asset Management’s portfolio.
Other Hedge Funds, Including , Loomis Sayles Co L P sold out all of its stake in GWB during the most recent quarter. The investment firm sold 71 shares of GWB which is valued $2,739.Geode Capital Management boosted its stake in GWB in the latest quarter, The investment management firm added 19,282 additional shares and now holds a total of 480,379 shares of Great Western Bancorp Inc which is valued at $17,298,448. Great Western Bancorp Inc makes up approx 0.01% of Geode Capital Management’s portfolio.Teachers Advisors reduced its stake in GWB by selling 251,886 shares or 35.03% in the most recent quarter. The Hedge Fund company now holds 467,145 shares of GWB which is valued at $15,369,071. Great Western Bancorp Inc makes up approx 0.03% of Teachers Advisors’s portfolio. Kassirer Asset Management Corp sold out all of its stake in GWB during the most recent quarter. The investment firm sold 30,000 shares of GWB which is valued $997,500.
Great Western Bancorp Inc opened for trading at $39.24 and hit $39.43 on the upside on Monday, eventually ending the session at $39.3, with a gain of 0.38% or 0.15 points. The heightened volatility saw the trading volume jump to 5,22,582 shares. Company has a market cap of $2,307 M.
On the company’s financial health, Great Western Bancorp Inc reported $0.57 EPS for the quarter, missing the analyst consensus estimate by $ -0.03 based on the information available during the earnings call on Oct 27, 2016. Analyst had a consensus of $0.60.Analysts expectations of $ 113.26.During the same quarter in the previous year, the company posted $0.60 EPS.
Great Western Bancorp Inc. is a bank holding company. The Company’s primary business is ownership of its subsidiary Great Western Bank (the Bank). The Bank is a regional bank focused on relationship-based business and agribusiness banking. It also focuses on retail banking and wealth management services. The Company’s loan portfolio consists primarily of commercial and industrial commercial real estate loans and agribusiness loans. Its investment activities include the United States treasury securities; the United States agency securities; mortgage-backed securities including government national mortgage association federal national mortgage association small business assistance program; states and political subdivision securities; corporate debt securities and others. It obtains funds from depositors by offering consumer and business demand deposit accounts money market deposit accounts negotiable order of withdrawal accounts savings accounts and term time deposits.